401(k) Ideas for Different Stages of Your Career
With a few more days left in April, which has been designated Financial Literacy Month, now is a great time to brush up on savings strategies that may have long-term effects on your financial health. Saving for retirement, for example, is something we all need to think about, but it can be challenging for workers of any age. For those just starting out, retirement may seem like a faraway abstraction full of unknowns, like how much you should set aside from each paycheck or how much you’ll need to accumulate to have the lifestyle you want in retirement. While some of those details may be ironed out over time, there are plenty of actions you can take throughout your stint in the workforce to get closer to meeting your retirement savings goals.
